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(Transportation-News.com, August 15, 2018 ) According to Publisher, the Global Undersea Warfare Systems market is accounted for $8918.91 million in 2017 and is expected to reach $18043.00 million by 2026 growing at a CAGR of 7.3% during the forecast period. Acceptance of the undersea warfare systems to protect the country from rising enemy attacks and technological development of airborne detection systems are some of the factors fuelling the market growth. However, navigational complexities with unmanned systems and environmental challenges are inhibiting the market growth.
Depending on the type, Sensors and Sonars require accurate measurement of wind speed and direction, temperature, pressure, humidity and other local environmental parameters. Sonars take inputs from various ship sensors, electronically and automatically chart the position, and provide control signals required to maintain a vessel on a preset course. Active sonar is similar to radar in that while it allows detection of targets at a certain range, it also enables the emitter to be detected at a far greater range, which is undesirable.
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By Geography, North America is projected the largest volume share during the forecast period, due to the rise in demand for new submarines followed by Asia Pacific.
Some of the key players of the market are ATLAS ELEKTRONIK GmbH, BAE Systems plc, DRS Technologies, Inc., ECA Group, General Dynamics Corporation, Harris Corporation, and Kongsberg Gruppen, Lockheed Martin Corporation, Northrop Grumman, Raytheon Company, S.A. de Electronica Submarina (SAES), Saab AB, Thales Group, The Boeing Company and Ultra Electronics Corporation.
Types Covered: -Combat Systems -Communication Systems -Airborne Detection Systems -Weapons and Countermeasures -Sensors and Sonars -Unmanned Underwater Systems
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Regions Covered: -North America o US o Canada o Mexico -Europe o Germany o UK o Italy o France o Spain o Rest of Europe -Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific -South America o Argentina o Brazil o Chile o Rest of South America -Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa
What our report offers: -Market share assessments for the regional and country level segments -Market share analysis of the top industry players -Strategic recommendations for the new entrants -Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets -Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) -Strategic recommendations in key business segments based on the market estimations -Competitive landscaping mapping the key common trends -Company profiling with detailed strategies, financials, and recent developments -Supply chain trends mapping the latest technological advancements
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